How is Technology Revolutionizing the Car Industry?

Technology seems to be transforming every facet of modern life and the car industry is certainly no different. Thanks to a host of innovative features, getting from one place to another has never been easier. Let us take a brief look at three sectors which have been dramatically impacted as well as the benefits that consumers can now enjoy.

The Car Industry

Besides devices such as built-in GPS systems, one of the most staggering innovations involves the growing presence of the driverless car. To be fair, this idea has been around for some time. However, there were a number of hurdles which required more advanced technological solutions.

Essentially, driver-less cars utilize a series of cameras and sensors alongside extremely accurate digital maps. By employing these three actions in synergy, it is becoming possible for vehicles to navigate from one location to another without the need of a physical driver. As opposed to suffering from human errors such as failing to signal or driving over the speed limit, these cars will always adhere to the rules of the road.

There are several manufacturers which have taken center stage in terms of the production and development of these modern vehicles. Some of the top companies currently involved include:

  • Nissan
  • Audi
  • Tesla

Nissan has entered into a partnership with the United States space agency NASA to produce its first line-up of driverless vehicles. While initially available only in Japan, these vehicles should soon be marketed to other parts of the world. Audi has already proven that its driver-less vehicles can navigate between San Francisco and New York thanks to a computer that is no larger than the size of an iPhone. Tesla is likewise leading the way using what is known as “autopilot steering technology.”

The Car Rental Industry

The car rental industry has also been impacted by technological advancements. For example, Zipcar (a subsidiary of Avis) provides users with a mobile application which enables them to quickly rent a vehicle by the hour or the day. Interestingly enough, reservations can be made up to a year in advance if required. Security is also quite impressive, as all members of this service are provided with their own electronic wireless entry card. This card works in conjunction with technology located within the car itself to unlock its doors. The keys can then be immediately accessed. Zipcar claims to have over one million members and as of 2016, its services were available in nine different countries including the United Kingdom and the United States.

It is therefore clear to appreciate how technology has already impacted the car industry. The ultimate goal is to provide users with greater levels of convenience and reliability alongside cost-effective alternatives to traditional options. It will be very interesting to see what the future may hold.

The Taxi Industry

Many experts will argue that Uber is the single service which has come to define the role that technological applications now play within the taxi industry. This location-based platform provides users with detailed information in regards to nearby on-demand drivers. As there are numerous car hire services to choose from, clients can select those which are deemed to be the most appropriate for their travel needs. The main takeaway point in regards to Uber is the role that mobile technology plays. Not only does this virtual interaction ensure a higher level of convenience for the rider, but fares are frequently cheaper when compared to a traditional taxi service.

We should also point out that there are a number of opportunities for experienced drivers. They can set their wages, determine their own hours and earn a supplemental source of income along the way. Thanks to the presence of 3G and 4G wireless connections driven by smartphones, Uber has taken center stage in regards to a modern alternative to the traditional taxi.

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